I'd be a bit disappointed if production is below 29k for the quarter. I'll be happy if it's above of 32k.
Though I'm not expecting their average price received for gold be as high as $1220. I'm expecting $1180 to $1200.
I'm most interested in seeing that cash pile build.
I think if it grows by more than $6m for the 3Q then it will given MML the fundamentals to begin moving markedly higher. Less than $4.8m and I think MML will become more dependent on gold price movements and the overall sentiment towards gold miners to rally from these prices.
